Gold, Other Precious Metals Prices Decline
Umer Jamshaid
Published September 28, 2026 | 09:30 AM
CAPITALS, (UrduPoint / Pakistan Point News / WAM - 28th Sep, 2026)
Gold prices fell more than 2 percent on Monday as a rise in oil prices heightened inflation concerns and reinforced expectations of further Federal Reserve interest-rate hikes.
Spot gold was down 2.1 percent at $4,198.10 per ounce, as of 03:57 GMT. US gold futures fell 2.1 percent to $4,231.00.
Among other metals:
- Silver fell 3.4 percent to $62.08 per ounce.
- Platinum was down 2.7 percent at $1,730.78.
- Palladium lost 2.8 percent to $1,231.46.